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Sona BLW Precision Forgings (Sona Comstar) is acquiring Escorts Kubota's Railway Equipment Division for Rs 1,600 crore on a slump sale basis. This strategic move aligns with Escorts Kubotas focus on agriculture and construction sectors. The acquisition enhances Sona Comstars mobility offerings.
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Shares of AU Small Finance Bank rose 5% after the bank reported a 42% rise in net profit to Rs 571 crore for the September quarter. The increase was driven by its acquisition of Fincare Small Finance Bank.
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News and Media
Boeing factory workers have voted to reject the companys latest contract offer and to continue a six-week strike that has halted production of the aerospace giants bestselling jetliners.
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News and Media
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